Richee84
Active member
Incorrect Sentence Format
In any business, insurance policy should be one of the common practice of the company as it is a very good way to control and manage risk. Most of the small scale businesses in the developing countries like Nigeria don't know the importance and value of insuring their business against unforeseen circumstances. From my findings I discover that, it's s only the large scale enterprises that get their businesses insured against risk. There is a lot of gap between the small scale business owner and the insurance company and I think the insurance company are not doing enough to close that gap. They focus more on the large scale enterprises forgetting the profit they can make if they make impact bringing the small scale business on-board. I believe if the insurance company can sensitize the small scale business owner on the advantages of insuring there business, more small scale business owner will be will to get their business insure and this will boast the insurance industry and provide more jobs for the unemploy youths.
How do insurance company breach this gap between the small scale business and bring them on-board?
How do insurance company breach this gap between the small scale business and bring them on-board?